HP INC Probability of Future Bond Price Finishing Under 89.66
| 40434LAB1 | 90.61 5.42 5.64% |
40434LAB1 |
40434LAB1 Target Price Odds to finish below 89.66
The tendency of 40434LAB1 Bond price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to 89.66 or more in 90 days |
| 90.61 | 90 days | 89.66 | near 1 |
Based on a normal probability distribution, the odds of 40434LAB1 to drop to 89.66 or more in 90 days from now is near 1 (This HP INC probability density function shows the probability of 40434LAB1 Bond to fall within a particular range of prices over 90 days) . Probability of 40434LAB1 price to stay between 89.66 and its current price of 90.61 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon 40434LAB1 has a beta of 0.0841. This usually implies as returns on the market go up, 40434LAB1 average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding HP INC will be expected to be much smaller as well. Additionally HP INC has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. 40434LAB1 Price Density |
| Price |
Predictive Modules for 40434LAB1
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 40434LAB1. Regardless of method or technology, however, to accurately forecast the bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the bond market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.40434LAB1 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. 40434LAB1 is not an exception. The market had few large corrections towards the 40434LAB1's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold HP INC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 40434LAB1 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 1.55 | |
Ir | Information ratio | -0.17 |
40434LAB1 Technical Analysis
40434LAB1's future price can be derived by breaking down and analyzing its technical indicators over time. 40434LAB1 Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HP INC. In general, you should focus on analyzing 40434LAB1 Bond price patterns and their correlations with different microeconomic environments and drivers.
40434LAB1 Predictive Forecast Models
40434LAB1's time-series forecasting models is one of many 40434LAB1's bond analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary 40434LAB1's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the bond market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards 40434LAB1 in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, 40434LAB1's short interest history, or implied volatility extrapolated from 40434LAB1 options trading.
Other Information on Investing in 40434LAB1 Bond
40434LAB1 financial ratios help investors to determine whether 40434LAB1 Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 40434LAB1 with respect to the benefits of owning 40434LAB1 security.